Bridging the Gaps: How Cross-Disciplinary Training With MBAs Can Improve Professional Education, Prepare Students for Private Practice, and Enhance University Life
32 Pages Posted: 28 Mar 2007
Date Written: March 21, 2007
What can law schools do to address the criticisms in the Carnegie Foundation's January 2007 report on legal education? That report found that law schools are not teaching students how to be competent lawyers. One particularly promising answer is cross-disciplinary training with MBAs, which leading law schools such as NYU, Stanford, the University of Pennsylvania, and Harvard have embraced in recent years. In this article, I explore the value of such courses, and discuss a cross-disciplinary course that I successfully debuted in the Fall of 2006 at NYU entitled, "Negotiating Complex Transactions with Executives and Lawyers." More generally, I argue that cross-disciplinary courses offer special advantages for students, schools, universities, and employers, and deserve much more emphasis in professional training and higher education.
Keywords: Cross-disciplinary, transactional skills, legal skills, negotiating complex transactions, negotiation, Transaction Cost Economics, Carnegie Report
JEL Classification: D23, L14
Suggested Citation: Suggested Citation